Home » Business » Oil, coal and gas production plans bury climate change goals : NPR

Oil, coal and gas production plans bury climate change goals : NPR

by Priya Shah – Business Editor

Global Climate Goals Increasingly Out of Reach as Fossil Fuel Expansion Continues

WASHINGTON – Current plans ⁤for oil, ⁢coal, adn gas production worldwide threaten to⁣ derail the goals of the Paris Agreement,⁣ a new report finds. Despite⁢ international commitments to ‍limit global warming, nations are collectively on track to produce more than double the amount of fossil fuels in 2030 than ⁤is consistent with limiting warming to 1.5 degrees⁤ Celsius,according to the‌ report released today by Climate Analytics.

The analysis, based on data collected during the biden administration, examines government plans for fossil fuel extraction and use. It reveals a significant gap between stated ‌climate ambitions ⁤and projected fossil fuel output.

“We’ve been talking about the need to reduce‍ emissions ‌for decades, and now⁣ it’s time to deliver,” says report co-author ⁤sonja Fajardo.

The ⁢report does not yet⁤ fully account for⁣ recent policy shifts ⁢under the Trump administration, which are aimed at boosting U.S. fossil fuel production and curtailing investments in renewable energy sources ⁢like wind and solar. However,analysts note that the full impact of these changes will take time to materialize,as state and local policies supporting the Paris Agreement ​goals and‍ existing corporate investments ​remain in place.

“The level of impact that the Trump administration​ is able to have on global climate ⁤is still an ‌open⁤ question,” says Neil​ Grant, an analyst at Climate ⁢Analytics and co-author of the report.

The Trump administration has already initiated the process of withdrawing the U.S. from the Paris ⁤Agreement, a move previously made⁢ during his first term. Key policy changes proposed⁢ include repealing climate pollution limits on fossil fuel power plants, reversing ⁤a 2009 finding that climate pollution harms public health, and eliminating climate pollution limits on vehicles.

Lee zeldin, administrator of the Environmental Protection Agency, announced rollbacks in march, stating, “We are driving a dagger straight into the heart of the climate change religion to drive down ‌cost of living for American families, unleash American energy, bring auto jobs back to the U.S. and more.”

Grant⁤ believes the success ‌of Trump’s efforts to ‌undermine climate action hinges on weather other nations follow suit. “We saw in 2016 to 2020 that Trump tried to kill⁢ climate action and tried to ⁤kill the ​Paris Agreement,” Grant says. “He hasn’t succeeded. I’m confident that he won’t succeed again.”

Despite ⁣the concerning trajectory, most countries are currently maintaining their commitments to the Paris Agreement.⁢ The report’s authors emphasize that achieving⁢ the 1.5-degree⁣ Celsius goal will now require a⁢ significantly ‍steeper and more rapid‍ decline in fossil fuel production and consumption.

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.